Rating based on 45 reviews

My State

  • Debt consolidation loans up to $75,000
  • Low-interest starting from 7.99%
  • Repayment up to 10 years

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My State homepage
Author My State. Screenshot of My State website.
[Accessed May 3, 2023]

My State - they put their clients first

My State was founded in 2009 succeeding the merger of My State and Tasmanian Perpetual Trustees Limited.

Nowadays, their fortes as an Authorised Deposit-taking Organisation are offered together with those of Tasmanian Perpetual Trustees Limited complementing their heritage as a trustee and wealth management company.

They offer a wide range of services

They go over and beyond, for their clients, over the years they have built a strong reputation offering a wide range of financial services across Australia including debt consolidation loans and other debt solutions.

They strive to do the things they believe in by making your banking experience a good one and they believe that they are doing what other banks should be doing like offering a local friendly service backed by competitive products and giving back to the communities that they are part of!

Trusted debt solutions

This is an exciting state where devoted, brilliant people in the Tasmanian Community accomplish great things every day.

They’re fortunate to support and inspire them through their many community projects and initiatives. They are the largest Tasmanian-owned financial institution, with strong roots in the Tasmanian community.

Financial strength & prudential information

My State is an Authorised ADI (Deposit-taking Institution) they have over 300 staff members and there are over and branches in 10 locations across Tasmania. Their core areas for upholding their financial strengths are Responsible Liquidity, Capital Adequacy, and Capital Management as well as achieving maximum returns on Assets and Equity though limiting Financial Risk.

My State continues to maintain their position of strength across the areas of Responsible management and long-term expertise. They are regulated by the Australian Prudential Regulation Authority (APRA).

My State – Consolidation loan

  • Loan Type Debt consolidation loans
  • Interest Rate from 7.99%
  • Loan Amount up to $75,000
  • Repayment 1 years to 10 years

Benefits of My State

  • Improved cash flow
  • Simple debt solutions
  • Quick and easy online applications

My State - Let them help you get rid of debt

Their staff members are always friendly and ready to assist you, no matter what you need, it could simply be some information that you may require regarding your lost or stolen cards, feedback or suggestions over even just some plain old advice.

They understand financial hardship and that personal circumstances change from time to time when you least expect it, it could be from losing a job, illness or a marriage breakdown. My State works hard to give its clients the best banking experience possible. Your opinion is important to them, so should their service or product not meet your expectations, they would like to know about it!

Personal banking

They offer a choice of personal banking products to suit all the needs of their clients. So with the combination of expert advice and the benefits of local decisions, they’re all under one roof and are a complete banking solution for each and every person.

Apply for a My State personal loan so that you can get all those things you want, it’s easy and quick and did they mention professional? Besides it only takes a few minutes.

Debt consolidation

Consider consolidating your debt into one personal loan account this could result in substantial cost savings – which means you have more money in your pocket. This will possibly make a big change to your status quo. They will guide you through the personal loan application process and provide you with all the necessary information, they can let you know immediately if your loan application is successful or not. A debt consolidation loan offers one loan, one set of accounting fees and one set of interest rates. Speak to My State consultants today about all the benefits a consolidated loan can offer you.

Secured personal loan

  • They offer a 7.99% per annum, an interest rate of 8.96% per annum with a comparison rate.
  • You can borrow anything between $10 000 and $75 000 and you have up to 10 years to make repayments. Their interest rates are flexible plus they have online provisional approval.
  • You are able to use your vehicle as a guarantee, to obtain the money you need, when you need it and the interest rate is lower.

Unsecured personal loan

  • They offer a 12.99 % per annum interest rate of 16.42 % per annum with a comparison rate.
  • A no-fuss way to arrange the finance you need, when you need it all while enjoying competitive flexible interest rates.
  • You are able to borrow between $3,000 and $50,000, up to 7 years to make repayments
  • Their interest rates are flexible plus they have online provisional approval.
  • There are no penalties on early loan settlement or sum payments, they off free online redraws with a minimum of $500, their repayments are flexible and you get to choose how you would prefer to pay by means of Monthly, weekly or every fortnight.

Apply for a loan with My State

In order to apply for a loan online you must be at least 18 years old or older, be an Australian citizen or permanent resident, and apply in your own name. You will also need to provide them with two forms of ID your driver’s license, Australian passport or Medicare Card plus two payslips if you are employed and your most recent tax assessment if you should be self-employed.

You can give yourself the best chance possible by:

Work out your lending ability, and how much you can afford on repayments and they will use a range of criteria to decide how much you are qualified to lend, bearing in mind that you do need to be comfortable that you can afford to repay the loan.

You should establish a good banking history and keep your accounts in good order. You should keep your credit rating in good standing by avoiding arrears and missed payments of debts. Demonstrate by saving money regularly, this shows your ability that you can manage your money responsibly.

How quickly can you get the money from your personal loan?

Once you have completed your application, and submitted the required documentation, their aim is then to transfer your funds within one business day. Please make sure that you include all the required information and that it is entered accurately so that they can verify your ID as well as make sure that you have a good credit rating.

Putting all your debt in one place can really make life easier.

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My State is a trusted & reliable provider of debt consolidation loans

In our review, My State adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ My State is a registered credit provider in Australia: ACL 240896

Customer Reviews & Testimonials

March 2019

Because of your help, my financial hardship is a thing of the past. Thank you!

Gary C
— Sydney —

May 2019

Compared to other lenders, My State offered me a rate that was the most competitive and actually lower than what I was currently paying.

Emily P
— Canberra —

April 2019

If you want a bank that makes a real impact in your life, I’d certainly recommend My State. The debt consolidation loan they assisted me with meant that I could sort out my debts and do it in a w...

Kenny G
— Melbourne —

May 2019

Being able to arrange a repayment plan that was accommodating to my needs was fantastic. That gave me some much-needed breathing room.

Gordan R
— Adelaide —

My State Contact

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed